Thandie and Marco are partners with capital balances of $60,000. They share profits and losses at 50%.
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Thandie and Marco are partners with capital balances of $60,000. They share profits and losses at 50%. Chris contributes $30,000 to the partnership for a 1/3 share. What amount should Thandie’s capital balance in the partnership be?
A. $60,000
B. $50,000
C. $45,000
D. $30,000
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Related Book For 
Principles Of Accounting Volume 1 Financial Accounting
ISBN: 9781593995942
1st Edition
Authors: Mitchell Franklin, Patty Graybeal, Dixon Cooper, OpenStax
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